Wuzhongda Reports 32.59% Revenue Growth in Magnesium-Aluminum New Materials in 2025

Published: Apr 30, 2026 18:26
[SMM Magnesium Express] On April 28, Wuzhongda Group Joint Stock Company (Wuzhongda) released its 2025 annual report. The report revealed that in the processing of magnesium-aluminum new materials, the full industrial chain layout has achieved positive results. In 2025, this segment achieved operating revenue of 2.787 billion yuan, with a year-on-year increase of 32.59%; total profit reached 222 million yuan, with a year-on-year increase of 66.92%. The report also disclosed that by the end of 2025, its subsidiary Qixin Alloy Materials Co., Ltd. had a primary magnesium production capacity of 73,000 tons, and it is expected that the production capacity will exceed 100,000 tons by the end of 2026, further consolidating its leading position in the primary magnesium smelting industry.

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[SMM Magnesium Express] On April 28, Wuzhongda Group Joint Stock Compa - Shanghai Metals Market (SMM)